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Side-by-side financial comparison of Essex Property Trust (ESS) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
Sinclair, Inc. is the larger business by last-quarter revenue ($807.0M vs $479.6M, roughly 1.7× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 2.5%, a 15.4% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs 4.0%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs -1.3%).
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
ESS vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $479.6M | $807.0M |
| Net Profit | $85.7M | $20.0M |
| Gross Margin | 70.0% | — |
| Operating Margin | 31.7% | 0.0% |
| Net Margin | 17.9% | 2.5% |
| Revenue YoY | 5.5% | 4.0% |
| Net Profit YoY | -71.6% | — |
| EPS (diluted) | $1.24 | $0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $807.0M | ||
| Q4 25 | $479.6M | $836.0M | ||
| Q3 25 | $473.3M | $773.0M | ||
| Q2 25 | $469.8M | $784.0M | ||
| Q1 25 | $464.6M | $776.0M | ||
| Q4 24 | $454.5M | $1.0B | ||
| Q3 24 | $450.7M | $917.0M | ||
| Q2 24 | $442.4M | $829.0M |
| Q1 26 | — | $20.0M | ||
| Q4 25 | $85.7M | $109.0M | ||
| Q3 25 | $172.7M | $-1.0M | ||
| Q2 25 | $231.5M | $-64.0M | ||
| Q1 25 | $212.8M | $-156.0M | ||
| Q4 24 | $301.7M | $176.0M | ||
| Q3 24 | $125.5M | $94.0M | ||
| Q2 24 | $99.0M | $17.0M |
| Q1 26 | — | — | ||
| Q4 25 | 70.0% | — | ||
| Q3 25 | 69.2% | — | ||
| Q2 25 | 70.7% | — | ||
| Q1 25 | 69.6% | — | ||
| Q4 24 | 70.0% | — | ||
| Q3 24 | 69.5% | — | ||
| Q2 24 | 70.8% | — |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 31.7% | 9.6% | ||
| Q3 25 | 44.5% | 7.5% | ||
| Q2 25 | 59.5% | 2.7% | ||
| Q1 25 | 55.3% | 1.8% | ||
| Q4 24 | 67.0% | 26.5% | ||
| Q3 24 | 28.6% | 19.5% | ||
| Q2 24 | 31.1% | 7.7% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 17.9% | 13.0% | ||
| Q3 25 | 36.5% | -0.1% | ||
| Q2 25 | 49.3% | -8.2% | ||
| Q1 25 | 45.8% | -20.1% | ||
| Q4 24 | 66.4% | 17.5% | ||
| Q3 24 | 27.8% | 10.3% | ||
| Q2 24 | 22.4% | 2.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $1.24 | $1.62 | ||
| Q3 25 | $2.56 | $-0.02 | ||
| Q2 25 | $3.44 | $-0.91 | ||
| Q1 25 | $3.16 | $-2.30 | ||
| Q4 24 | $4.00 | $2.64 | ||
| Q3 24 | $1.84 | $1.43 | ||
| Q2 24 | $1.45 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $76.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | — |
| Total Assets | $13.2B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.2M | $866.0M | ||
| Q3 25 | $66.0M | $526.0M | ||
| Q2 25 | $58.7M | $616.0M | ||
| Q1 25 | $98.7M | $631.0M | ||
| Q4 24 | $66.8M | $697.0M | ||
| Q3 24 | $71.3M | $536.0M | ||
| Q2 24 | $55.2M | $378.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | $6.4B | $4.1B | ||
| Q2 25 | $6.4B | $4.1B | ||
| Q1 25 | $6.8B | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | $6.4B | $4.1B | ||
| Q2 24 | $6.2B | $4.1B |
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $443.0M | ||
| Q3 25 | $5.6B | $347.0M | ||
| Q2 25 | $5.6B | $361.0M | ||
| Q1 25 | $5.6B | $436.0M | ||
| Q4 24 | $5.5B | $583.0M | ||
| Q3 24 | $5.4B | $415.0M | ||
| Q2 24 | $5.5B | $340.0M |
| Q1 26 | — | — | ||
| Q4 25 | $13.2B | $5.9B | ||
| Q3 25 | $13.2B | $5.6B | ||
| Q2 25 | $13.2B | $5.7B | ||
| Q1 25 | $13.2B | $5.8B | ||
| Q4 24 | $12.9B | $5.9B | ||
| Q3 24 | $12.6B | $5.8B | ||
| Q2 24 | $12.5B | $5.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.84× | ||
| Q3 25 | 1.15× | 11.75× | ||
| Q2 25 | 1.14× | 11.30× | ||
| Q1 25 | 1.22× | 9.56× | ||
| Q4 24 | — | 7.02× | ||
| Q3 24 | 1.18× | 9.86× | ||
| Q2 24 | 1.13× | 12.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.1B | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | 12.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $98.0M | ||
| Q3 25 | $342.6M | $-36.0M | ||
| Q2 25 | $216.1M | $122.0M | ||
| Q1 25 | $281.5M | $5.0M | ||
| Q4 24 | $1.1B | $198.0M | ||
| Q3 24 | $316.2M | $210.0M | ||
| Q2 24 | $218.9M | $-306.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $175.0M | ||
| Q3 24 | — | $193.0M | ||
| Q2 24 | — | $-329.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | -39.7% |
| Q1 26 | — | 1.7% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 12.53× | 0.90× | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 3.54× | 1.13× | ||
| Q3 24 | 2.52× | 2.23× | ||
| Q2 24 | 2.21× | -18.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESS
Segment breakdown not available.
SBGI
| Media revenue | $701.0M | 87% |
| Other | $82.0M | 10% |
| Political advertising revenue | $18.0M | 2% |
| Non-media revenue | $6.0M | 1% |
